Chawla notes the demand , driven by the rise of EVs and electronic brands , for an active , working and open democratic network to ascertain responsible sourcing and support artisanal miners to be able to operate safely in a fairtrade manner .
IBM is also working with Minehub – a mining and metals trading platform – helping it streamline operations with various business partners across the mining ecosystem . “ The MineHub platform is not a market-maker ; it allows buyers and sellers to agree on trade . It comes to play once the trade has been set and the terms have been agreed ,” explains Chawla . “ This helps to improve the operational efficiencies , logistics and financing , while concentrating the supply chain from the mine to the buyer .”
MineHub has been working in collaboration with IBM and other industry participants across a value chain that includes the likes of ING Bank , leading precious metals firm Ocean Partners and Capstone Mining . Minehub also features clearing houses , refiners , smelters , financiers and other providers like Kimura joining along with
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